« previous next »

Author Question: Fractional reserve banking (a) destroys money. (b) requires banks to engage in 100 percent of ... (Read 93 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Fractional reserve banking
 
  (a) destroys money.
  (b) requires banks to engage in 100 percent of total banking activities.
  (c) allows banks to create money while requiring them only to hold a fraction of money.
  (d) all of the above.

Question 2

A tariff is which type of tax?
 
  (a) Progressive
  (b) Regressive
  (c) Proportional
  (d) Neutral


wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

(c)

Answer to Question 2

(b)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Identical twins share 100 percent of their segregating genes. Identical twins share 100 percent of their segregating genes.
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ... A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
How to solve any percent change problem How to solve any percent change problem
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library